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This downward movement is a pricing of short-term uncertainty.
The crypto market has turned choppy, but three projects stand out with bullish setups that could define weekend trading. While most categories bleed, these altcoins to watch are gaining traction through whale activity, momentum shifts, and strong fundamentals.
Share link:In this post: Powell is expected to hint at a September rate cut during his Friday speech in Jackson Hole. Traders are pricing in a 70% chance of a 0.25% cut and 50bps total easing in 2025. Trump is pressuring the Fed, but Powell may avoid firm commitments before new data.
Share link:In this post: UK business activity reached its fastest pace in a year in August, led by growth in services. Government borrowing in July was £1.1bn, lower than the OBR’s £2.1bn forecast, helped by higher tax receipts. Hiring stayed weak despite stronger activity, with employment falling for the eleventh straight month.
Share link:In this post: UK consumers increase their confidence in household budgets after the Bank of England rate cuts. Consumer confidence hit its highest level in months, surprising experts. Rich families spend more, but poor families still struggle with high prices.
Share link:In this post: Crypto handheld buyers in the U.S. are being hit with unexpected import duties, sometimes as high as $348. The manufacturer has paused shipments of its $599 gaming device while it investigates varying fees and complaints from early customers. Buyers are frustrated over the lack of upfront cost clarity, with some calling the extra charges misleading and asking for refunds.
- 01:35Data: 567.26 BTC flowed into a certain exchange, valued at approximately $541 millions.ChainCatcher News, according to Arkham data, at 09:29, a certain exchange received three large BTC transfers, totaling 567.26 BTC (with a total value of approximately $541 million), all from anonymous addresses. 1. 135.48 BTC were transferred from an anonymous address (starting with bc1q8q0st...) to a certain exchange, valued at approximately $129 million2. 279.46 BTC were transferred from an anonymous address (starting with bc1qndnh5...) to a certain exchange, valued at approximately $266 million3. 152.32 BTC were transferred from an anonymous address (starting with bc1qec0t8...) to a certain exchange, valued at approximately $145 million
- 01:26Data: Only about 5% of altcoin supply is in profit, the divergence between Bitcoin and altcoins is unprecedentedChainCatcher News, Glassnode stated in an article that the relative profit realized by altcoins has dropped to a deep capitulation zone, with only about 5% of the altcoin supply in a profitable state, while the profitability ratio of bitcoin has just begun to decline sharply. This unusual divergence between bitcoin and altcoins is unprecedented in previous cycles.
- 01:16Data: A certain whale holds large short positions in BTC, XRP, and ZEC, with a total value exceeding 190 millions USD.ChainCatcher news, according to monitoring by Lookonchain, a certain whale has taken large short positions on BTC, XRP, and ZEC, with a total value exceeding $190 million. The current positions are as follows: 40x short BTC position valued at $148 million, entry price $96,065.2, liquidation price $97,560.2; 20x short XRP position valued at $27.3 million, entry price $2.225, liquidation price $2.5; 10x short ZEC position valued at $20.6 million, entry price $652, liquidation price $775.